502 S Madison Street, Webb City, MO 64870
COMMERCIAL - Webb City, MO
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 3:06 am
Property Features for 502 S Madison Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 16602410009001000
- Size
- 2,088 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1286
Building Details
- Year built
- 1916
- Roof type
- Composition
Listing agent Eric Putnam License #2017032610 (417) 388-2739
Listing office KELLER WILLIAMS REALTY ELEVATE 619 S Florida, Joplin, MO (417) 623-9900
Listing date Jun 23, 2026
Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 0.46‑acre C‑2 zoned commercial development site in Webb City
- Existing structure on site; roof is composition; year built 1916
- Verbal estimate for structure removal is approximately $23,000
- High‑traffic setting next to McDonald's and directly across from Culver's and a major shopping center
- Surrounded by established retailers, restaurants, schools, and community amenities
- Near Frisco Greenway Trail and King Jack Park
Overview
The property is located in a high-traffic commercial area with visibility and accessibility described as strong. It sits next to McDonald’s, and it is directly across from Culver’s and a major shopping center, placing it among established retail and dining uses.
For buyers and developers seeking commercially zoned land, the site’s configuration and ready-to-plan redevelopment approach can fit a range of urban commercial projects. With proximity to neighborhood amenities, the Frisco Greenway Trail, and King Jack Park, the location is positioned to serve everyday traffic and visibility for future site improvements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.9k | $21.96 |
| − Vacancy | −$9.2k | −$4.39 |
| EGI | $36.7k | $17.57 |
| − OpEx | −$9.2k | −$4.39 |
| NOI | $27.5k | $13.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Webb City
- County
- Jasper
- State
- Missouri
- Longitude
- -94.475266
- Latitude
- 37.140312
